Schindler Holding Ltd. · SIX:SCHN
Schindler — Q1 2017 Earnings Presentation
17 slides from Schindler's earnings presentation, Apr 25, 2017
Slide 1: Welcome to Schindler: Selected key figures as of March 31, 2017
Welcome to Schindler Selected key figures as of March 31, 2017 April 25, 2017 Torre Reforma, mixed-use building, Mexico City, Mexico Elevators: 14 Schindler 7000, 1 Schindler 5500, 13 Schindler 5400, 1 Schindler 3300 Escalators: 4 Schindler 9300; The PORT Technology
Slide 2: Highlights: Growth and increased profitability
Highlights Growth and increased profitability Investments in geographic diversification result in continued growth and improved profitability Major strategic initiatives making good progress and are well on track Globally harmonized modular product platforms Launch of Schindler Ahead (IoEE s
Slide 3: Schindler Ahead: Turning data into customer benefits
Schindler Ahead Turning data into customer benefits Schindler moves over one billion people every day. Schindler Ahead significantly improves equipment reliability, uptime, and safety, and creates an all-new superior passenger experience. Customer benefits UPTIME INSIGHTS CONVENIENCE Predictive main
Slide 4: Schindler Ahead: Solution concept
Schindler Ahead Solution concept CUBE CLOUD PLATFORM APP STORE FUTURE READINESS Machine intelligence Real-time insights Instant access Over-the-air (OTA) updates With the CUBE the equipment Engine for big data analytics A variety of apps for customers • over-the-air (OTA) updates becomes smart and c
Slide 5: Key figures as of March 31, 2017
Key figures as of March 31, 2017 January to March In CHF million Q1 2017 Q1 2016 ∆% ∆% in LC Orders received 2 607 2 467 5.7 5.9 Revenue 2 260 2 176 3.9 3.8 Operating profit (EBIT) 260 235 10.6 9.4 1 2 in % 11.5 10.8 Net income from financing and investing activities –32 5 Profit before taxes 228 24
Slide 6: Asia-Pacific: Good result overall
Asia-Pacific Good result overall Mixed market development China: new installations business and prices under persistent pressure India: continued demonetization impact Southeast Asia: continued growth, particularly in residential and infrastructure Growing service markets due to conversion o
Slide 7: Americas: US market remains the growth engine of the region
Americas US market remains the growth engine of the region Diverging market trends North America: sustained growth in the US new installations, modernization, and service markets across all segments Latin America: except for Brazil, stable market development Schindler performance North America
Slide 8: Europe: Sustained growth
Europe Sustained growth Opportunities in various markets Northern Europe: continued momentum Southern Europe: steady recovery in most countries from low levels Schindler performance Broad based growth by a large number of countries Growing maintenance and modernization businesses Acquisiti
Slide 9: Outlook 2017
Outlook 2017 Status as of April 25, 2017 Business environment – unchanged Schindler guidance – unchanged Long-term growth drivers remain intact Focus on profitable growth unchanged Economic conditions continue to be Revenue expected to increase by influenced by political and 3% to 5% in loca
Slide 10: Financial Calendar
Financial Calendar 2017 2018 Publication of Interim Report as of June 30 August 15 Publication of selected key figures as of September 30 October 24 Publication of Full Year Results 2017 February 16 Ordinary General Meeting Schindler Holding Ltd. March 20 Contact: Marco Knuchel, Head Investor Relati
Slide 11: Additional Charts
Additional Charts © Schindler | Selected key figures: March 31, 2017 Slide 11
Slide 12: Quarterly overview 2017/2016
Quarterly overview 2017/2016 2017 2016 In CHF million Q1 Q4 Q3 Q2 Q1 Orders received 2 607 2 699 2 592 2 616 2 467 Revenue 2 260 2 629 2 409 2 469 2 176 Operating profit (EBIT) 260 352 277 269 235 in % 11.5 13.4 11.5 10.9 10.8 Financing activities –32 –24 –17 –23 –3 Investing activities (associates)
Slide 13: Quarterly development of orders received 2014 – 2017
Quarterly development of orders received 2014 – 2017 In CHF million 3 000 2 500 2 000 1 500 1 000 500 2014 2015 2016 0 2017 Q1 Q2 Q3 Q4 © Schindler | Selected key figures: March 31, 2017 Slide 13
Slide 14: Quarterly development of revenue 2014 – 2017
Quarterly development of revenue 2014 – 2017 In CHF million 3 000 2 500 2 000 1 500 1 000 500 2014 2015 2016 0 2017 Q1 Q2 Q3 Q4 © Schindler | Selected key figures: March 31, 2017 Slide 14
Slide 15: Balance sheet
Balance sheet In CHF million 31.03.2017 in % 31.12.2016 in % 31.03.2016 in % Cash and cash equivalents 1 775 21.3 1 988 23.9 2 112 25.4 Other current assets 3 592 43.0 3 432 41.4 3 432 41.2 Total current assets 5 367 64.3 5 420 65.3 5 544 66.6 Non-current assets 2 979 35.7 2 883 34.7 2 783 33.4 Tota
Slide 16: China construction update: Upward trend sustained
China construction update Upward trend sustained Floor space started in China Opportunities 600 19.2% 30% China on track to reach 60% target urbanization rate by 2020 500 20% 400 11.7% 10% $500bn to be invested in high-speed railway over next four years 12.6% 11.6% 300 ‐7.7% 0% Floor space sta
Slide 17: China: inventories in tier 1 cities back at healthy 2010 levels
China: inventories in tier 1 cities back at healthy 2010 levels Improvement due to increased apartment sales Housing inventory, by city tier (2010 = 100) Housing inventory, by city tier (months of sales) 350 25 300 20 250 Tier 3 200 15 150 Tier 2 Tier 3 10 Tier 2 100 Tier 1 Tier 1 5 50 0 0 2010 2011